Baijiayun Group Ltd (RTC) At $2.35 Offering A Unique Opportunity

Baijiayun Group Ltd (NASDAQ:RTC) currently has a daily average trading volume of 44.55K but it saw 69944 shares traded in last market. With a market cap of 60.20M USD, the company’s current market price of $2.35 came falling about -13.76 while comparing to the previous closing price of $2.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.00 and as low as $2.47. In the recent trading on the day, stock has struck highest price mark of $2.35 while lowest mark touched by it was $2.78.

Taking a look at 20-day trading activity of Baijiayun Group Ltd (RTC) gives us an average price of $3.83, while its current price level is -94.13% below from 52-week high level whereas it is -5.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.72 while that of 200 days or SMA-200 reads an average of $6.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.58% during that period while stretching the period over a month that increases to 19.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.27 which implies that the stock is in oversold territory.

Over the week, RTC’s stock price is moving -34.90% down while it is -72.22% when we observe its performance for the past one month. Year-to-date it is -34.90% down and over the past year, the stock is showing a downside performance of -75.80%.

Currently, Baijiayun Group Ltd’s total number of outstanding shares is 25.62M. Company’s return on investment (ROI) stands at -317.17% and return on equity (ROE) at -143.58%. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 1.79 while price to sale or P/S ratio amounts to 1.01. Its return on asset (ROA) is -81.65% on average.